Earnings

Facebook stock rose in after-hours trading after the company posted third-quarter earnings that exceeded analysts expectations. Here’s are the key numbers for the quarter ended Sept. 30: Earnings: $2.12 vs. $1.91 per share forecast by Refinitiv. Revenue: $17.65 billion vs. $17.37 billion forecast by Refinitiv. Daily active users: 1.62 billion vs. 1.61 billion forecast by
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Kevin Johnson, CEO, Starbucks Scott Mlyn | CNBC Starbucks will report earnings after the bell Wednesday. The coffee chain’s stock, valued at $100 billion, is up 29% so far this year. Here’s what analysts surveyed by Refinitiv are expecting: Earnings per share: 70 cents expected Revenue: $6.68 billion expected Global same-store sales: 3.95% Investors will be
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Chevron reported a 36% decline in third-quarter earnings as lower oil and natural gas prices offset an increase in production. Chevron earned $2.6 billion in the third quarter, down from $4 billion a year earlier. Both EPS and revenue missed the Street’s expectations. The stock was about 1% lower in early trading. Chevron said that
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Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Although Apple’s iPhone’s business was down 9% year-over-year, the company signaled that it expected a big holiday quarter, and Apple stock rose over 1% in after-hours trading Here’s how the company did compared with
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Tim Cook announces iPhone 11. Source: Apple Apple’s earnings on Wednesday will provide some early insight into how the company’s new iPhones are selling as investors watch the forecast for its all-important holiday season. Apple released three iPhone 11 models on Sept. 20. Apple’s fiscal fourth quarter ended on Sept. 30, so Wednesday’s earnings report
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Tesla’s stock is set to pop big when trading begins on Thursday, after the electric automaker turned in an unexpectedly profitably third-quarter and better than anticipated progress toward getting its Shanghai factory operational. “Skeptics had legitimate concerns in the past, but Tesla is now building cash, winning market share, and boosting margins – all while
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Intel Pentium CPU photographed after Intel revealed information about major flow in the chipsets.  JP Black | LightRocket | Getty Images Intel stock jumped as much as 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth. Here are the key numbers: Earnings: Excluding certain items, $1.42 per
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Verizon Communications beat Wall Street estimates for third-quarter profit and revenue on Friday, as it signed up more phone customers who pay a monthly bill. The company added 615,000 postpaid customers, above analysts’ estimates of 527,000 subscribers, according to research firm FactSet. The results come as the largest U.S. wireless carrier by subscribers prepares to
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A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images PayPal had a break-out quarter, sending its stock surging after reporting earnings. The payments company beat Wall Street’s estimates across the board for the third-quarter results Wednesday evening. Investors applauded the outperformance, sending PayPal shares up more
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Employees sort packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois. Daniel Acker | Bloomberg | Getty Images on Tuesday reported a quarterly profit that came ahead of Wall Street estimates, benefiting from strong e-commerce demand and rival breakup with Amazon.com. United Parcel Service’s e-commerce fueled quarterly profit beat on Tuesday
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IBM shares moved 5% lower after the company issued weaker-than-expected third-quarter revenue on Wednesday. Here’s how IBM did: Earnings: Excluding certain items, $2.68 per share, vs. $2.67 per share as expected by analysts, according to Refinitiv. Revenue: $18.03 billion, vs. $18.22 billion as expected by analysts, according to Refinitiv. IBM’s revenue has now dropped for
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